Speedy Runner makes running shoes and they are anticipating the incurrence of the following operating...
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Speedy Runner makes running shoes and they are anticipating the incurrence of the following operating expenses during the upcoming year. Cost Sales commission Salaries Shipping expenses Bad debt expense Depreciation on sales vehicles Advertising $4 per pair of shoes solod $600,000 $4.50 per pair of shoes sold 1.5% of sales revenue $31,000 $21 500 Speedy Runner plans to sell 123,000 pairs of shoes at $100 per pair. What will Speedy Runner budget for cash disbursements related to operating expenses? OA. $1,698,000 O B. $1,667 ,000 O C. $1,821,000 O D. $600,000
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